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Russian court fines Alphabet's Google and Meta Platforms

Friday, December 24, 2021
Russian court fines Alphabet's Google and Meta Platforms © Reuters. FILE PHOTO: A sign is pictured outside a Google office near the company's headquarters in Mountain View, California, U.S., May 8, 2019. REUTERS/Paresh Dave//File Photo

MOSCOW (Reuters) - A Moscow court on Friday said it was fining Alphabet (NASDAQ:GOOGL)'s Google 7.2 billion roubles ($98 million) for what it said was a repeated failure to delete content Russia deems illegal, the first revenue-based fine of its kind in Russia.

Moscow has increased pressure on big tech this year in a campaign that critics characterise as an attempt by the Russian authorities to exert tighter control over the internet, something they say threatens individual and corporate freedom.

Google said in an email it would study the court ruling before deciding on further steps.

Later on Friday, the court fined Meta Platforms 2 billion roubles ($27.15 million) on the same grounds. Russia's communication watchdog Roskomnadzor said that Facebook (NASDAQ:FB) and Instagram failed to remove two thousand pieces that violate Russian laws whereas Google keeps 2,600 pieces of banned content.

Meta Platforms did not immediately respond to request for comment.

Russia has imposed small fines on foreign technology companies throughout this year, but Friday's penalties mark the first time it has exacted a percentage of companies' annual Russian turnover, greatly increasing the sum of the fine.

It did not specify the percentages, although Reuters calculations show Google's fine equates to just over 8%.

Russia has ordered companies to delete posts promoting drug abuse and dangerous pastimes, information about homemade weapons and explosives, as well as ones by groups it designates as extremist or terrorist.

Google, which has paid more than 32 million roubles in fines over content violations this year, is at odds with Moscow on a number of issues.

Russia has demanded it restore access to state-backed broadcaster RT's German-language channels.

Last week, a sanctioned Russian businessman claimed victory over Google in a court case that could see the tech giant hit with another heavy fine.

Moscow has also demanded that 13 foreign and mostly U.S. technology companies, which include Google and Meta Platforms, be officially represented on Russian soil by Jan. 1 or face possible restrictions or outright bans.

($1 = 73.3613 roubles)

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17-01-2022 20:28:27 (UTC+7)

EUR/USD

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EUR/USD

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 EUR/USD1.1418↑ Buy
 GBP/USD1.3656Sell
 USD/JPY114.53Neutral
 AUD/USD0.7218↑ Buy
 USD/CAD1.2505↑ Sell
 EUR/JPY130.77Neutral
 EUR/CHF1.0429Neutral
 Gold1,819.40↑ Buy
 Silver23.078↑ Buy
 Copper4.4328↑ Buy
 Crude Oil WTI83.83↑ Buy
 Brent Oil86.66↑ Buy
 Natural Gas4.264↑ Sell
 US Coffee C239.65↑ Buy
 Euro Stoxx 504,302.14↑ Sell
 S&P 5004,662.85↑ Buy
 DAX15,933.72↑ Sell
 FTSE 1007,611.23↑ Buy
 Hang Seng24,218.03↑ Buy
 Small Cap 20002,161.55↑ Buy
 IBEX 358,838.70↑ Sell
 BASF68.140Neutral
 Bayer52.82↑ Buy
 Allianz227.05↑ Buy
 Adidas252.65↑ Buy
 Lufthansa7.241↑ Sell
 Siemens AG146.00Neutral
 Deutsche Bank AG12.018↑ Buy
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank6,120/ 6,160
(0/ 0) # 1,147
SJC HCM6,110/ 6,170
(0/ 0) # 1,157
SJC Hanoi6,110/ 6,172
(0/ 0) # 1,159
SJC Danang6,110/ 6,172
(0/ 0) # 1,159
SJC Nhatrang6,110/ 6,172
(0/ 0) # 1,159
SJC Cantho6,110/ 6,172
(0/ 0) # 1,159
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RON 95-IV2400024480
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GBP30.226,5831.517,24
JPY192,39203,66
KRW16,5320,15
Cập nhật lúc 08:24:57 18/01/2022
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